IRS Details the Audit Process

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photo credit: Nesster

The IRS kindly sent over this press release:

Although no phrase may strike more fear in a taxpayer than the dreaded, “IRS audit”, the prospect of an IRS audit need not paralyze your small business.

You can learn how to prepare for and what to expect during an audit by tuning in to the Internal Revenue Service March Tax Talk Today program, “Surviving the IRS Audit,” on Tuesday, March 10, 2009 at 2 p.m. Eastern time. The program will include what happens before, during and after the audit as tax professionals and IRS staff talk about audits from both sides of the desk.

Isn’t this a little like when the schoolyard bully tells you how he’s going to beat you up if you don’t give him your lunch money tomorrow?

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